Brazil corporate bank account

Brazil corporate bank account

Demand for Brazil corporate bank accounts has risen with the expansion of the Brazilian economy in recent years. Although business bank account is not yet a globally-renowned option for international businesses, it is an ideal way to support business activities in Latin America’s largest country.

The following information will help you determine whether a business bank account is the optimum solution for your business.

Brazil corporate banking services overview

It is relatively simple to open a company bank account in Brazil. Healy Consultants will prepare a business plan for the bank to optimize the probability of business bank accounts approval;

Leading international banks now offer corporate bank accounts;

A business bank account is available in multiple currencies;

A company bank account is supported by a range of conventional banking services, including business loans, cash management services, lines of credit, leasing, internet banking, insurance services, merchant services, and miscellaneous trade services;

In order to open a company bank account, a range of due diligence information is required by both the bank and Healy Consultants. Information required includes copies of passport and driving licence of all directors, certificate of incorporation, copy of the company’s memorandum and articles and directors/trustees resolutions. This documentation must be certified by the local branch of the Brazilian bank in the Client’s home country, or by a notary public. Details and evidence (such as contracts and invoices) of the company’s activities is also required to open a company bank account;

Healy Consultants will be pleased to open an Brazil corporate bank account. Our Client will have to travel for this engagement. It is a time consuming task, Healy Consultants will shelter our Client from the administrative challenges. As you can appreciate, it is a difficult task to obtain bank account approval through a newly formed company, when shareholders and directors and bank signatories reside overseas. Healy Consultants will prepare a business plan for the bank to optimize the probability of corporate bank account approval.

Healy Consultants fees to help open a Brazil corporate bank account

Our fee to assist you to open a bank account amounts to US$3,550. This fee includes:

Healy Consultants’ International Banking Team completing the corporate bank accounts application form on behalf of our Client, and obtaining our Client’s signature;

Organising a detailed business plan relating to our Client’s company, by Healy Consultants’ International Banking Team, to support the corporate bank accounts application;

Healy Consultants’ International Banking Team submitting the corporate bank accounts application form and business plan to the bank, together with the corporate and personal due diligence information outlined above;

Healy Consultants’ local officer attending a bank interview in Brazil on your behalf, describing your global business activities and explaining why you require a business bank account;

Healy Consultants can open a bank account without the bank signatory and beneficial owners’ presence;

Paying the initial bank deposit to the Brazilian branch of the international bank on our Client’s behalf and emailing a scanned copy of the bank deposit slip as verification;

Healy Consultants receiving a corporate cheque book in a sealed letter that is passed directly to our Client;

Healy Consultants receiving credit and ATM cards in a sealed letter that is passed directly to our Client;

If our Client is not comfortable with a Brazil bank account, Healy Consultants can open an international bank account outside of Brazil. Examples include London, New York, Germany, Bulgaria, South Africa, Australia or Dubai. Our fee for this service is US$3,550 without travel or US$2,550 with travel. All banks will be top tier banks in these countries with excellent internet banking services.

Please note that this fee does not include the initial deposit required by the bank.

External videos

Frequently asked questions

I am interested in Brazil business banking solutions. Which banks would you recommend?

Although several local Brazil corporate bank account options will be available, Healy Consultants still suggest to all our Clients to opt for banks with which they already have a preexisting relationship, for instance an account already opened somewhere else in the world. Aside from this point, international banks including HSBC, Standard Chartered, Citibank and Barclays, are renowned for providing excellent services to corporate customers, which will be essential when starting a new business in Brazil.

Is Brazil online corporate banking safe?

Yes, provided our Clients work with banks suggested by Healy Consultants. Our Firm cannot guarantee the quality of services and safety for other banks in Brazil with which we have little or no experience.

Yes. Immediately after opening our Client’s corporate bank account in Brazil, Healy Consultants will also activate the internet banking services. As a result, our Client should be able to easily access their account(s) online, within one to two weeks.

Contact us

Testimonial

“Pirster Pte is happy with the work that Healy Consultants undertook for the company. International incorporation can be fraught with opacity, anxiety and vulnerability - especially if it is being done remotely as we did. Healy Consultants worked really hard to make it transparent, straight forward and confidence-inspiring. I look forward to working with Healey Consultants again on future work and happily recommend them to others.”

Fiona Thompson, Managing Director Pirster Pte.

“We had taken Healy Consultants assistance in incorporating our entities in some of the complicated jurisdictions. Their approach right from the beginning has been very systematic, clear and efficient. It has been a pleasure to work with all of them.”

“Thank you Healy Consultants for swiftly project managing my engagement. From the moment I met you in Singapore Healy Consultants attended to my requirements and specific needs. I am more than satisfied with your service. Moreover, your weekly updates allowed me to continue to focus my attention on my global business while trusting you to deliver as promised.”

“Thank you Healy Consultants, you were instrumental in setting up of my Hong Kong based company, the whole process was completed in a professional and timely manner.”

Terry Skews, CEO Brittany Offshore Limited

“Healy Consultants, a professionally managed firm with clear understanding and knowledge about what client expects from them and delivers the same in a professional and timely manner. Kudos to their team.”

“Incorporating any company is comparable to setting the foundation blocks of your new company building, which you aim to build in the best location available. By choosing Healy Consultants you are laying the perfect foundations.”

“The one word that defines Healy Consultants is perfect professionalism. If you have Healy to set up your business abroad, you could focus on the operational overhead and let Healy take care of the rest. From Incorporation to Taxation, it’s a one stop solution. Rest assured, you will have the best people in the Industry working for you and providing you with the best possible information and suggestions.”

Raja Chakraborty, Director Streamlyn Pte. Ltd.

“Thank you Healy Consultants for successfully project managing our business set up in Kuwait, Lebanon, Qatar and Bahrain.”

“When it was time to establish a Space Academy in Singapore, TriVector needed a knowledgeable firm that could not only help us establish our infrastructure, but could also advise on the local and regional business climate. Healy was that firm, which is why we've been satisfied Healy Consultants for almost five years now.”

“Healy Consultants were instrumental in the set up of our company. They have continued to provide exceptional support and advice over the years.”

Susan Gunnery, Managing Director Qudoss Group

“Healy Consultants is the best firm that we have ever worked with. Through our entire business relationship we were satisfied with provided level of quality and services. Healy Consultants have been responsive and detail oriented which has allowed us to stay focused on our business and not getting distracted with small details.”

Testimonial

“Pirster Pte is happy with the work that Healy Consultants undertook for the company. International incorporation can be fraught with opacity, anxiety and vulnerability - especially if it is being done remotely as we did. Healy Consultants worked really hard to make it transparent, straight forward and confidence-inspiring. I look forward to working with Healey Consultants again on future work and happily recommend them to others.”

Fiona Thompson, Managing Director Pirster Pte.

“We had taken Healy Consultants assistance in incorporating our entities in some of the complicated jurisdictions. Their approach right from the beginning has been very systematic, clear and efficient. It has been a pleasure to work with all of them.”

“Thank you Healy Consultants for swiftly project managing my engagement. From the moment I met you in Singapore Healy Consultants attended to my requirements and specific needs. I am more than satisfied with your service. Moreover, your weekly updates allowed me to continue to focus my attention on my global business while trusting you to deliver as promised.”

“Thank you Healy Consultants, you were instrumental in setting up of my Hong Kong based company, the whole process was completed in a professional and timely manner.”

Terry Skews, CEO Brittany Offshore Limited

“Healy Consultants, a professionally managed firm with clear understanding and knowledge about what client expects from them and delivers the same in a professional and timely manner. Kudos to their team.”

“Incorporating any company is comparable to setting the foundation blocks of your new company building, which you aim to build in the best location available. By choosing Healy Consultants you are laying the perfect foundations.”

“The one word that defines Healy Consultants is perfect professionalism. If you have Healy to set up your business abroad, you could focus on the operational overhead and let Healy take care of the rest. From Incorporation to Taxation, it’s a one stop solution. Rest assured, you will have the best people in the Industry working for you and providing you with the best possible information and suggestions.”

Raja Chakraborty, Director Streamlyn Pte. Ltd.

“Thank you Healy Consultants for successfully project managing our business set up in Kuwait, Lebanon, Qatar and Bahrain.”

“When it was time to establish a Space Academy in Singapore, TriVector needed a knowledgeable firm that could not only help us establish our infrastructure, but could also advise on the local and regional business climate. Healy was that firm, which is why we've been satisfied Healy Consultants for almost five years now.”

“Healy Consultants were instrumental in the set up of our company. They have continued to provide exceptional support and advice over the years.”

Susan Gunnery, Managing Director Qudoss Group

“Healy Consultants is the best firm that we have ever worked with. Through our entire business relationship we were satisfied with provided level of quality and services. Healy Consultants have been responsive and detail oriented which has allowed us to stay focused on our business and not getting distracted with small details.”

“Not only did Healy Consultants have expert knowledge of local requirements, they also understood my needs as a foreigner, which is something lacking with the Singaporean consulting firms I spoke to. They drove the process from start to completion. I’m more than satisfied with the service.”